ACRES Commercial Realty ( (ACR) ) just unveiled an update.
On March 5, 2025, ACRES Commercial Realty Corp. reported its financial results for the fourth quarter and year ended December 31, 2024. The company achieved a GAAP net income of $4.1 million or $0.52 per share-diluted for the quarter. The company plans to expand its loan portfolio in 2025 by investing in high-growth markets with experienced sponsors, indicating a strategic focus on enhancing shareholder value and capitalizing on renewed transactional activity in the real estate markets.
More about ACRES Commercial Realty
ACRES Commercial Realty Corp. is a real estate investment trust focused on originating, holding, and managing commercial real estate mortgage loans and equity investments through direct ownership and joint ventures. The company is managed by ACRES Capital, LLC, and specializes in middle market commercial real estate lending across multifamily, student housing, hospitality, industrial, and office properties in key U.S. markets.
YTD Price Performance: 24.39%
Average Trading Volume: 23,272
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $158.6M
See more insights into ACR stock on TipRanks’ Stock Analysis page.